Being bitten by a dog can be a scary and traumatic experience. If you are bitten by a dog in public, it is important to know the proper steps to take right away. Taking quick action helps ensure your physical recovery and preserves your legal rights. This article will outline the key things you should … Read more
The standard Part D benefit refers to the basic structure and parameters of coverage that Medicare prescription drug plans must offer. When Medicare’s voluntary outpatient drug benefit, known as Part D, launched in 2006 it established this standard benefit design. While plans have flexibility to modify the standard benefit, it serves as a consistent benchmark … Read more
Obamacare, officially known as the Affordable Care Act (ACA), has gone through many changes since it was first introduced in 2010. As we head into 2023, many are wondering if health insurance plans on the ACA Marketplace will become more expensive next year. Premium Trends on the ACA Marketplace The ACA Marketplace offers health insurance … Read more
A Medicare Set-Aside (MSA) account contains funds that are set aside specifically to pay for future medical expenses related to a work injury or illness. This separate account is meant to cover injury-related costs that would otherwise be covered by Medicare. But what happens if you receive MSA funds as part of a settlement and … Read more
The short answer is no, Optum is not part of Humana. However, the two companies do have an important strategic partnership. In this article, we’ll take a deep dive into the relationship between Humana and Optum and how they are working together to shape the future of healthcare. Understanding Humana and Optum First, let’s provide … Read more
The insurance market fluctuates between soft and hard cycles over time. During a hard market, it becomes more difficult and expensive to obtain insurance coverage. But what exactly causes the market to shift into a hard phase? There are several key factors that can create conditions for a hard insurance market. Overview of Insurance Market … Read more
Many people new to Medicare are unsure about how the deductible works – do you have to pay it upfront when you get care? Or does Medicare pay its share first? Understanding Medicare’s deductible policies can help you better budget for health expenses. What is the Medicare Deductible? The Medicare deductible is the amount you … Read more
Giving out your Medicare number over the phone can open you up to fraud, waste, and abuse. Medicare and other government agencies advise extreme caution before sharing this sensitive information. What is the Medicare Number? The Medicare Number is the unique identification number assigned to each Medicare beneficiary. It consists of 11 characters – letters … Read more
When shopping for insurance, you may come across the terms “admitted” and “non-admitted” insurance carriers. This refers to a company’s status and certification under state regulations. So is Progressive, one of the largest auto and home insurers, an admitted or non-admitted carrier? The short answer is yes, Progressive is an admitted insurance company in all … Read more
The health care workforce is a vital part of the United States economy and provides essential services to the population. But how many health care providers are there actually in the US? In this comprehensive guide, we’ll examine the latest data and statistics to understand the size and composition of the health care workforce. Overview … Read more